Page 6 - Icici Lombard

Star Health, ICICI Lombard launch policies to cover Covid-19 patients

The cases of coronavirus are increasing rapidly across the world with the count crossing 245,749 globally and 195 in India

Pay as you go: Irdai initiave aims to attract low-mileage car user

The idea behind such policies seems to be - lower the mileage, lower is the probability of an accident

Realme PaySa, ICICI Lombard come together to enrol insurance customers

According to the company, the policy administered as a group policy, can be taken from the Realme PaySa mobile APP pure digitally and does not require any documentation

Stock recommendations from Anand Rathi: Buy SRF, Coromandel International

Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

New India Assurance vs ICICI Lombard: Size fails to beat profitability

With segments such as motor, health, fire and crop insurance being the stronghold of both players, they have nearly the same product profile

ICICI Lombard, Karur Vysya Bank tie up for sale of insurance products

The association will provide the bank's customers access to the insurer's portfolio and make insurance more accessible to its customers across India

I-Pru Life and ICICI Lombard: Story of two contrasting subsidiaries

While ICICI Lombard enjoys better earnings predictability and stable growth, the Street prefers the stock of ICICI Prudential Life

Fairfax Financial Holdings sells 5% in ICICI Lombard for Rs 2,562 crore

This comes after the insurance regulator, earlier this month, relaxed the five-year lock-in rule for Fairfax's stake in ICICI Lombard, which was scheduled to end in March 2021

Stocks to watch: RIL, IndiGo, ICICI Lombard, ACC, Bandhan Bank, Jet Airways

Here's a look at the top counters that are likely to trade actively in today's session.

ICICI Lombard's high valuation may trim upside from expected premium growth

Expected rise in third-party motor premium to drive up investment profits

ICICI Lombard now holds more value for its parent; stock soars post listing

On Tuesday, ICICI Lombard's stock scaled to its all-time high of Rs 1,012 a share, before closing at Rs 971.20

ICICI Lombard sets up in-house digital arm to tap growing internet market

The act of setting up a separate digital arm is the first in the domestic insurance industry

ICICI Lombard PAT grows 43.6% to Rs 2.93 billion, premiums up 11%

The company inherited Rs 250 million in losses, as a result of the large scale flooding in Kerala in August

ICICI Lombard Q2 net up 43.6% to Rs 2.93 bn, interim dividend announced

The Board of Directors has also declared an interim dividend of Rs 2.50 per share for first half of 2018-19

ICICI Lombard aims to better processing of insurance claims with AI

The new platform is an upgrade from the previous web-based claims investigation system

ICICI Lombard General Insurance's Q4 profit rises by 18% to Rs 2 billion

The company logged a net profit of Rs 1.8 billion in January-March quarter of 2016-17

ICICI Lombard upgrading forensic methods to detect insurance claims fraud

Private sector general insurer ICICI Lombard is upgrading use of forensic methods to detect fraud in claims by companies, in the backdrop of rising incidents in this regard and loan defaults.Lokanath Kar, its chief legal and principal compliance officer, told Business Standard they had empanelled experts to detect cases where fraudulent claims had been made by companies facing a financial squeeze or like issues. With cases of corporate fraud or default being reported every other day, insurance companies are trying to pre-empt prospective losses, he explained. On a petition filed by the company regarding fraud in vejicle insurance claims, the Allahabad High Court had in October 2015 directed the Uttar Pradesh government to constitute a Special Task Force (STF) to probe these. "Since then, the SIT has detected 126 fraudulent cases worth Rs 230 million in the state. Police cases have also been filed in 60 cases by the SIT," says Kar. Similar SITs had been formed in Delhi, Odisha and ...

ICICI Lombard partners Practo to launch insurance app to cover OPD expenses

66% of the healthcare spending in India is on OPD consultations

New India, ICICI Lombard may take time to win investor faith

As the general insurers are yet to report underwriting surplus, dependence on investment gains will remain high

ICICI Bank, Fairfax to shed stake in ICICI Lombard via IPO

Mumbai, June 5 ICICI Bank as well as Fairfax Financial Holdings will sell a part of their stake in ICICI Lombard General Insurance Company Limited through initial public offering to monetise their investments.ICICI Bank and Fairfax Financial Holdings, have informed that they intend to partially divest equity shares of the company held by them, said the insurance company in a statement. ICICI Lombard is a joint Venture between ICICI Bank and Prem Watsa controlled Fairfax Holdings of Canada. The company will sell shares through IPO, subject to requisite approvals and market conditions. The size and other details of the offer will be announced laterLast month Fairfax sold 12.18% of its stake in ICICI Lombard General Insurance to a clutch of investors, including Warburg Pincus, for Rs 2,473 crore. With this stake sale, the general insurance company was valued at Rs 20,300 crore. ICICI Bank held 63.31% stakewhile Fairfax India Holdings Corporation held 22.13% approximately. ICICI ...